Due to the impact of the Ministry of Land, Infrastructure, Transport and Tourism rewriting statistics on orders received by the construction industry, by August last year, a total of 32 construction industry-related industries had temporarily suspended the financial support guarantee system of the Ministry of Economy, Trade and Industry, which was originally targeted. Turns out it wasn't available.
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has rewritten the data in the "Construction Work Orders Dynamic Statistics," which is one of the country's key statistics and shows the monthly trend of orders received by the construction industry. We investigated the year's worth and announced the corrected results on the 5th of this month.
Based on these statistics, the Ministry of Economy, Trade and Industry designates construction-related industries that are facing difficulties in stabilizing management, and provides loans to eligible SMEs through credit guarantee associations in a separate amount from the normal limit. We have established a system that guarantees 80% of
Therefore, from October 2013 to August last year, we investigated whether there was any impact such as rewriting of data.
As a result, it was found that a total of 32 industries, such as wooden construction work and building renovation work, could not use the guarantee system that was originally targeted for a part of the period because the business situation was considered to be better than the actual situation.
It is not yet known how many companies were actually affected.
The Ministry of Land, Infrastructure, Transport and Tourism has set up an inquiry desk to respond to individual inquiries from companies.
(Inquiries should be directed to the Ministry of Land, Infrastructure, Transport and Tourism Construction Market Development Division, phone number 03-5253-8281)